Middle East Market

bp Enters into JDA with to Explore Green Hydrogen Development in Egypt

bp has entered into a Joint Development Agreement (JDA) to join the existing consortium comprising of Masdar, Hassan Allam Utilities and Infinity Power to explore...

Middle East Market | July 02, 2024 | By News Bureau 1597 readings

Saudi Arabia Fast Tracks Renewable Energy Goals with 5.5 GW Solar PV Project

SPPC has finalised the power purchase agreements worth USD 3.3 billion (SAR 12.3 billion) for three photovoltaic projects with ACWA Power Company, Water and...

Middle East Market | July 01, 2024 | By News Bureau 2322 readings

PowerChina Secures EPC Contract to Build 500 MW Wind Project in Saudi Arabia

This project is part of the National Renewable Energy Program (NERP).

Middle East Market | June 29, 2024 | By News Bureau 2421 readings

MEA Region Expects 15 Percent Growth in Solar PV Installations: SolarPower Europe

The increased solar capacity installations in 2023 resulted in a stable market share for the MEA at 3 percent, and the situation is expected to be similar this...

Middle East Market | June 28, 2024 | By News Bureau 1747 readings

Siemens Energy to Deliver HL-Class Gas Turbines for Two New Power Plants in Saudi Arabia

Siemens Energy has signed an order worth USD 1.5 billion with Saudi Arabia to deliver HL-class gas turbines for two new power plants.

Middle East Market | June 27, 2024 | By News Bureau 3334 readings

Masdar to Acquire Greece’s Terna Energy for USD 3.4 Billion

Masdar is seeking to reach a renewable power generation capacity of 100 GW by 2030.

Middle East Market | June 25, 2024 | By News Bureau 1519 readings

DEWA CEO Reviews Progress of Mohammed bin Rashid Al Maktoum Solar Park's Phase 6

This phase, developed under the Independent Power Producer (IPP) model, is a step in Dubai’s clean energy ambitions, representing an investment of up...

Middle East Market | June 15, 2024 | By Abha Rustagi 2832 readings

Madayn Signs Agreement with Solar Wadi Company for 1.4 MW Solar PV Power Plant

This plant, costing approximately RO 500,000, will be installed and operational within a year at KOM, with a 25-year contract for installation, operation, and...

Middle East Market | June 15, 2024 | By News Bureau 1817 readings

Saeed Mohammed Al Tayer Reviews Achievements and Future Plans at DEWA’s Innovation Centre

The Innovation Centre has established itself as a hub for knowledge dissemination and professional development, reflecting its commitment to advancing sustainability,...

Middle East Market | June 13, 2024 | By Abha Rustagi 1724 readings

AMEA Power Achieves Financial Close on 120 MW Doornhoek Solar PV Project in South Africa

The project, valued at USD 120 million, represents the company's first operational asset in South Africa.

Middle East Market | June 12, 2024 | By Abha Rustagi 1782 readings

 
 
 
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